TechFlow news, May 30 — According to Jinshi Data, Bank of America analysts pointed out that compared to other countries and currencies, U.S. tariffs have a more significant negative impact on the U.S. economy and the dollar. The bank believes tariffs could trigger retaliatory measures, and since the scale of U.S. trade with the world exceeds that of other countries' trade with the U.S., it is more vulnerable to shocks. Data will determine the fate of the dollar: if U.S. economic indicators improve, investors may begin to ignore policy noise and support the dollar; however, BofA expects data to remain weak, as policy uncertainty has already caused businesses to stall hiring and investment plans, compounded by persistently high tariffs. In addition, fiscal loosening could push up borrowing costs.
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